Park Place Capital Corp Acquires 122,330 Shares of Aptus Defined Risk ETF (BATS:DRSK)

Park Place Capital Corp boosted its holdings in shares of Aptus Defined Risk ETF (BATS:DRSK) by 32.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 494,580 shares of the company’s stock after acquiring an additional 122,330 shares during the quarter. Aptus Defined Risk ETF accounts for about 3.8% of Park Place Capital Corp’s investment portfolio, making the stock its 2nd largest holding. Park Place Capital Corp owned 2.50% of Aptus Defined Risk ETF worth $13,566,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DRSK. Private Trust Co. NA grew its stake in Aptus Defined Risk ETF by 507.1% in the 3rd quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock valued at $241,000 after buying an additional 7,100 shares during the last quarter. Maripau Wealth Management LLC grew its position in shares of Aptus Defined Risk ETF by 59.0% in the third quarter. Maripau Wealth Management LLC now owns 81,394 shares of the company’s stock valued at $2,303,000 after purchasing an additional 30,202 shares during the last quarter. United Advisor Group LLC increased its stake in shares of Aptus Defined Risk ETF by 27.6% in the third quarter. United Advisor Group LLC now owns 178,307 shares of the company’s stock worth $5,046,000 after purchasing an additional 38,586 shares during the period. ORG Partners LLC lifted its position in shares of Aptus Defined Risk ETF by 14.3% during the 3rd quarter. ORG Partners LLC now owns 887,043 shares of the company’s stock worth $25,103,000 after purchasing an additional 110,638 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its stake in Aptus Defined Risk ETF by 1.7% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,380,237 shares of the company’s stock valued at $65,290,000 after purchasing an additional 40,816 shares during the period.

Aptus Defined Risk ETF Trading Up 2.1 %

Shares of BATS DRSK opened at $27.68 on Wednesday. The stock has a 50 day simple moving average of $27.79 and a 200 day simple moving average of $27.84. The company has a market cap of $548.06 million, a P/E ratio of 1.33 and a beta of 0.51.

Aptus Defined Risk ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a dividend of $0.3044 per share. The ex-dividend date was Monday, December 30th.

About Aptus Defined Risk ETF

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.